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ICE plans US$59.8mn investment
in new fiber network - Costa
Rica
Business News Americas
Costa Rica's state-run telecoms
and energy monopoly ICE plans to
invest US$59.8 million in
installing a nationwide fiber
optics network to boost its
broadband internet capacity and
coverage, ICE said in a
statement.
ICE, which offers broadband
through its ISP RACSA, has
contracted Israeli network
solutions provider ECI Telecom
to roll out the project, which
is due to take one year to
complete, according to the
statement.
Of the total investment figure,
ICE will provide US$28.6 million
and the Central American Bank
for Economic Integration will
provide an additional US$32.5
million for the project.
The project, coined "border to
border" aims to allow better
international interconnection
for its GSM network and provide
improved connectivity for
companies looking to install
call centers and VoIP service
providers setting up
international networks.
"[The project] will establish an
excellent transportation
channel, which will make it
possible to take a big step in
our evolution towards advanced
technology services," ICE's
project development manager
Gabriel Víquez said in the
statement.
The network will consist of five
separate rings: one in each of
the far north, south, northern
and southern central regions,
and a fifth in the San José
metropolitan region.
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